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Oxford Lane Capital (Oxford Lane Capital) Dividend Payout Ratio : 0.83 (As of Sep. 2023)


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What is Oxford Lane Capital Dividend Payout Ratio?

Oxford Lane Capital's dividend payout ratio for the months ended in Sep. 2023 was 0.83.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Oxford Lane Capital Corp is 1.41, which seems too high.

The historical rank and industry rank for Oxford Lane Capital's Dividend Payout Ratio or its related term are showing as below:

OXLC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.52   Max: 7.83
Current: 1.41


During the past 10 years, the highest Dividend Payout Ratio of Oxford Lane Capital was 7.83. The lowest was 0.21. And the median was 0.52.

OXLC's Dividend Payout Ratio is ranked worse than
76.44% of 938 companies
in the Asset Management industry
Industry Median: 0.82 vs OXLC: 1.41

As of today (2024-04-27), the Dividend Yield % of Oxford Lane Capital is 19.08%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Oxford Lane Capital was 59.56%. The lowest was 3.40%. And the median was 16.43%.

Oxford Lane Capital's Dividends per Share for the months ended in Sep. 2023 was $0.47.

During the past 12 months, Oxford Lane Capital's average Dividends Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -17.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -15.30% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Oxford Lane Capital was 44.20% per year. The lowest was -19.70% per year. And the median was -3.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Oxford Lane Capital Dividend Payout Ratio Historical Data

The historical data trend for Oxford Lane Capital's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oxford Lane Capital Dividend Payout Ratio Chart

Oxford Lane Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.30 0.70 -

Oxford Lane Capital Semi-Annual Data
Mar14 Mar15 Sep15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 - - 5.49 0.83

Competitive Comparison of Oxford Lane Capital's Dividend Payout Ratio

For the Asset Management subindustry, Oxford Lane Capital's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Oxford Lane Capital's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Oxford Lane Capital's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Oxford Lane Capital's Dividend Payout Ratio falls into.



Oxford Lane Capital Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Oxford Lane Capital's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2023 )/ EPS without NRI (A: Mar. 2023 )
=0.9/ -1.14
=N/A

Oxford Lane Capital's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0.47/ 0.57
=0.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Oxford Lane Capital (NAS:OXLC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Oxford Lane Capital Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Oxford Lane Capital's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Oxford Lane Capital (Oxford Lane Capital) Business Description

Traded in Other Exchanges
Address
8 Sound Shore Drive, Suite 255, Greenwich, CT, USA, 06830
Oxford Lane Capital Corp is a non-diversified closed-end management investment company. The fund's investment objective is to maximize its portfolio's risk-adjusted total return over its investment horizon. Its current focus is to seek that return by investing in equity and junior tranches of CLO(collateralized loan obligation) vehicles, which are collateralized primarily by a diverse portfolio of senior loans, and which generally have little to no exposure to real estate loans, mortgage loans or pools of consumer-based debt, such as credit card receivables or auto loans. Its investment strategy also includes investing in warehouse facilities, which are financing structures intended to aggregate senior loans that may be used to form the basis of a CLO vehicle.
Executives
Mark Jeffrey Ashenfelter director C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Wilton Reassurance Co 10 percent owner 20 GLOVER AVENUE, NORWALK CT 06850
Eagle Point Credit Management Llc 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Thomas P. Majewski 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Eagle Point Dif Gp I Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Credit Gp I Lp 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Saul B Rosenthal director, officer: President 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
John Stuart Reardon director C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
David S. Shin director C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Bruce L. Rubin officer: CFO, SEC, TREAS TICC CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Gerald Cummins officer: Chief Compliance Officer C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Leroy Scott Frantz 10 percent owner C/O HAEBLER CAPITAL, 8 SOUND SHORE DRIVE, GREENWICH CT 06830
Patrick Conroy officer: CFO, CCO and Secretary 8 SOUND SHORE DRIVE STE 215, GREENWICH CT 06830
Jonathan H Cohen director, officer: Chief Executive Officer 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
Charles M Royce 10 percent owner C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151

Oxford Lane Capital (Oxford Lane Capital) Headlines

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